Terminal connector interim financing
Albany County Airport AuthorityNew York- Detected
- Oct 22, 2026
- 6 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
The debt section states the Authority closed on a $30 million revolving line of credit on February 28, 2024 to provide interim funding for a capital project under construction. It identifies the terminal connector project as a $100 million effort funded by $60 million from New York State Department of Transportation and $40 million from the FAA, with note renewal maturity on February 28, 2027. The construction is not open, but the financing schedule signals ongoing draw, reimbursement, and closeout activity through 2027.
- Meeting date
- October 22, 2026
- Agency
- Albany County Airport Authority
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